pension

(redirected from pensionable)
Also found in: Dictionary, Thesaurus, Legal, Financial, Encyclopedia.

pension

(1) A regular payment plan intended to provide a person who retired from a job with a secure income for life.
(2) A monthly payment from a pension.
References in periodicals archive ?
The bank announced a series of proposed changes to its main final salary pension schemes, including capping the amount of salary increases that is pensionable to 2% annually or the rate of inflation, whichever is lower, and reducing the lump sum payable on early retirement.
The banking giant has announced a series of proposed changes to its main final salary pension schemes, including capping the amount of salary increases that is pensionable to 2% annually or the rate of inflation, whichever is lower, and reducing the lump sum payable on early retirement.
If the Pensions Bill becomes law, it will raise the pensionable age to 68 over 22 years from 2024, which could mean Britons retire after the rest of Europe.
I WOULD like to reply to JB of Washington, who said when she reached pensionable age she was told she could not claim on her first husband's credits because once you remarry you lose that right.
This test would have allowed schemes to continue using their existing definitions of pensionable earnings and would have been performed every three years, thereby representing a negligible burden for employers.
If you get it one minute before you retire, it's pensionable,'' Santa Monica attorney Stephen Silver said Monday.
Amicus is prepared to ballot its members over industrial action over the company's plans to change the basis of pensions calculations from the pensionable salary workers receive at retirement to their existing salary levels.
Of the 230,000 people who live in Huddersfield and the surrounding area, there are more than 47,000 of pensionable age.
You tend to regard someone who is more or less your contemporary as eternally youthful, until they slip silently, unnoticed, beyond middle age and, with a reluctant grunt of recognition, you realize that they are no longer young, They are old, sere, and, were they bank clerks or whatever (which, of course, they sometimes are), virtually pensionable.
Better to stop raising the pensionable age, particularly when flogging oldies to death deprives youngsters of jobs.
The trio felt jaded after an intensive period of touring and, not surprisingly, like many people around pensionable age it took its toll.
However, many councillors are of pensionable age and, as such, are not missing out on a wage which they could otherwise earn, if they were not executing their council duties.